World Investment Advisors LLC Has $3.76 Million Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

World Investment Advisors LLC raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 17.3% in the third quarter, according to its most recent filing with the SEC. The firm owned 15,479 shares of the exchange traded fund’s stock after purchasing an additional 2,288 shares during the quarter. World Investment Advisors LLC’s holdings in SPDR Gold Shares were worth $3,762,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Semmax Financial Advisors Inc. increased its position in shares of SPDR Gold Shares by 78.7% during the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 48 shares during the period. Triad Wealth Partners LLC acquired a new stake in SPDR Gold Shares during the 2nd quarter worth about $25,000. Ashton Thomas Securities LLC bought a new position in shares of SPDR Gold Shares in the 3rd quarter worth about $28,000. Private Ocean LLC lifted its stake in shares of SPDR Gold Shares by 155.1% in the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 76 shares during the period. Finally, Chris Bulman Inc bought a new stake in shares of SPDR Gold Shares during the 2nd quarter valued at about $29,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 1.2 %

NYSEARCA GLD opened at $244.38 on Friday. SPDR Gold Shares has a one year low of $183.78 and a one year high of $257.71. The business has a 50 day simple moving average of $246.60 and a 200 day simple moving average of $233.24.

SPDR Gold Shares Company Profile

SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares).